Another closure
09-20-2009, 06:29 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jan 2006
Position: Math Teacher
Posts: 2,274
Another closure
AeronautX Flight Training, LLC located at North County General Aviation Airport (F45) in Palm Beach County, FL has closed. Here is a copy of the email that I got today.
Dear Friends of AeronautX Flight Training, LLC
We regret to inform you that mid day Friday we were given instructions by the owners of AeronautX Flight Training, LLC to shut down all operations on September 11, 2009. This of course would include India.
Quote: "Close the doors today and inform accordingly and direct any information requests from students, creditors etc. to Mr. Sheridin's office."
Mr Drew Sheridan is a attorney in Miami Florida and can be reached at 305-596-3368
Address: 7765 SW 87th Avenue, Suite 102, Miami FL 33173-2535
The doors were locked and the appropriate signage was posted on all entrances. Also the employees were notified at the close of the business day on 9/11/09
It is our understanding that AeronautX Flight Training, LLC is in the process of filing for protection under chapter seven of the United States of America Federal Bankrupsy Laws.
Best regards,
The Management
It's unfortuate that another school has closed. I believe that this one closed for lack of students and not because of any underhanded shananigans going on. I had once considered on attending this training facility.
atp
Dear Friends of AeronautX Flight Training, LLC
We regret to inform you that mid day Friday we were given instructions by the owners of AeronautX Flight Training, LLC to shut down all operations on September 11, 2009. This of course would include India.
Quote: "Close the doors today and inform accordingly and direct any information requests from students, creditors etc. to Mr. Sheridin's office."
Mr Drew Sheridan is a attorney in Miami Florida and can be reached at 305-596-3368
Address: 7765 SW 87th Avenue, Suite 102, Miami FL 33173-2535
The doors were locked and the appropriate signage was posted on all entrances. Also the employees were notified at the close of the business day on 9/11/09
It is our understanding that AeronautX Flight Training, LLC is in the process of filing for protection under chapter seven of the United States of America Federal Bankrupsy Laws.
Best regards,
The Management
It's unfortuate that another school has closed. I believe that this one closed for lack of students and not because of any underhanded shananigans going on. I had once considered on attending this training facility.
atp
09-21-2009, 01:38 PM
#5
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Joined APC: Sep 2008
Position: B767
Posts: 1,901
Originally Posted by atpwannabe
It's unfortuate that another school has closed. I believe that this one closed for lack of students and not because of any underhanded shananigans going on. I had once considered on attending this training facility.
atp
atp
09-21-2009, 08:42 PM
#6
Gets Weekends Off
Joined APC: Jun 2008
Position: USAF
Posts: 1,398
Originally Posted by JayDee
I almost paid 120k plus for atp... I am so glad I didn't.
Also, in this unstable economy, my job still has good security...
Also, in this unstable economy, my job still has good security...
09-22-2009, 05:48 AM
#7
Gets Weekends Off
Thread Starter
Joined APC: Jan 2006
Position: Math Teacher
Posts: 2,274
Originally Posted by wrxpilot
Rumor has it that there are some students that lost A LOT of money when these guys closed up last week.
Probably is true. I visited the school a few times just to check things out. Never really saw students "buzzing" around the briefing rooms like I've seen at other schools. Besides they were expensive as hell.
atp
09-25-2010, 02:24 PM
#9
New Hire
Joined APC: Apr 2009
Position: BeechSuper King Air 200 FO
Posts: 1
Do not put all your eggs into one basket
ref wrxpilot, yes, I was one of the unfortunate instructors working at the flight school. I had a student who invested a 5 figure sum of money after transferring to this school. Both students and instructors were " blind sided"
09-25-2010, 02:43 PM
#10
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,281
Originally Posted by JayDee
I almost paid 120k plus for atp... I am so glad I didn't.
Also, in this unstable economy, my job still has good security...
Also, in this unstable economy, my job still has good security...
I'm glad you didn't too.
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